Taxation in the United Kingdom

Businesses that have increased their staff for at least three months in 2022 will this year be exempt from the business tax known as the fee for practicing a profession ("telos epitidevmatos").

The British island, located off the coast of France, has no capital gains or inheritance tax

Serbian taxpayers are still in the dark about how millions of euros of public funds were spent in the fight against COVID-19.

Ljubljana – A survey conducted by the Chamber of Commerce and Industry (GZS) among 140 companies has shown that the majority supports the proposed tax changes for the 2022-2025 period. Half of them would set the cap on social security contributions at gross wages of between EUR 4,000 and EUR 5,000, which would bring in around 6,100 new high-paid jobs.

But there have been gains as well as setbacks

The Finance Ministry has decided to extend the deadline of road tax payment by two months, to February 26, as part of the measures aimed at supporting households and enterprises battered by the pandemic.

All incomes from a series of sources should be taxed in the same way, according to an action plan prepared by the committee of experts led by Nobel Laureate Sir Christopher Pissarides.

Lawmakers were presented on Tuesday with a draft bill introducing a set of incentives aimed at enticing Greeks based abroad as well as foreign taxpayers and self-employed professionals to transfer their tax domicile to Greece.

Apart from the reduction of the corporate income tax from 28 to 24 percent and the halving of the tax on dividends from 10 to 5 percent, the government's draft tax bill includes a number of other incentives aimed at encouraging entrepreneurship, attracting highly skilled workers in Greece and bolstering investment activity to accelerate growth.

The new draft law on taxation is set to be tabled in Parliament next week, and Kathimerini understands it will include a clause that will further facilitate investments in securities.

Sources say the government is considering reducing the tax on stock options - i.e. the preferential rights for the acquisition of stocks - so they are taxed separately at a rate of 15 percent.